Politics
5.8
UK Chancellor Healey to resist capital gains tax hike in budget
Published 15 h ago4 sourcesEvidence: Reported
SeverityModerateGuardian WorldLow-rated sourceGB
UK Chancellor John Healey is reportedly considering taxing business transfers to children as income, potentially nearly doubling the tax bill for family firms. Advisers warn this could deter succession and harm the economy. The proposal is under consideration, with no final decision confirmed.
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